Pinnacle Financial Partners Earnings Preview

Watch Pinnacle Financial Partners' (Nasdaq: PNFP  ) earnings report to see if it can beat analyst expectations for the fifth consecutive quarter. The company will unveil its latest earnings on Tuesday. Pinnacle Financial Partners, through its wholly owned subsidiary, Pinnacle National Bank, provides a range of banking services in its main market areas of Nashville and Knoxville, Tenn.

What analysts say:

  • Buy, sell, or hold?: Analysts think investors should stand pat on Pinnacle Financial Partners with nine of 10 analysts rating it hold. Analysts don't like Pinnacle Financial Partners as much as competitor Renasant overall. Two out of seven analysts rate Renasant a buy compared to one of 10 for Pinnacle Financial Partners. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.
  • Revenue forecasts: On average, analysts predict $49.6 million in revenue this quarter. That would represent a rise of 11% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.18 per share. Estimates range from $0.12 to $0.23.

What our community says:
CAPS All-Stars are solidly behind the stock with 89.5% assigning it an outperform rating. The community at large backs the All-Stars with 87.3% giving it a rating of outperform. Fools are keen on Pinnacle Financial Partners, though the message boards have been quiet lately with only 24 posts in the past 30 days. Despite the majority sentiment in favor of Pinnacle Financial Partners, the stock has a middling CAPS rating of three out of five stars.

Management:
Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters.

Quarter

Q3

Q2

Q1

Q4

Net Margin

45.8%

11.1%

6.3%

6.6%

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Earnings estimates provided by Zacks.

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